CACI reveals repurchase program
Company authorizes millions for common stock
- By Washington Technology staff
- May 03, 2011
CACI International Inc.’s board of directors has authorized
up to $175 million to repurchase common shares, the company said in a statement on May 2.
Factors such as price, corporate and regulatory requirements
and other market conditions will determine the timing and actual number of
shares repurchased, the statement said.
Arlington, Va.-based CACI provides IT solutions to the federal
government in the areas of defense, intelligence, homeland security and IT